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Dudley Building Society > News > Dudley Building Society picks up Highly Commended award at Mortgage Finance Gazette Awards

Dudley Building Society picks up Highly Commended award at Mortgage Finance Gazette Awards

Dudley Building Society picks up Highly Commended award at Mortgage Finance Gaze

27th November 2018

Dudley Building Society was delighted to receive a ‘Highly Commended’ award in the Customer Service category at the 21st annual Mortgage Finance Gazette Awards.

The awards night based in London was highly successful for building societies across the country, recognising the continuing importance of these financial organisations within the mortgage industry.

Chief Executive Jeremy Wood comments ‘We were delighted to receive this recognition from MFG. Our members continue to be the focus of all our activity and we are proud to provide a high-quality service, delivering the right outcomes as a supportive, forward thinking lender.’

The Society recently reported strong mortgage growth in the first half of the year, outpacing the market at 8.3% (market growth is reported at 5%) with gross lending of just over £38 million. The business being underwritten continues to be of high quality with continued low levels of arrears across the whole mortgage book (less than 0.1% accounts are more than three months in arrears from new lending since 2012).

With a wide range of solutions to meet the needs of different personal circumstances, the Society continues to thrive in niche areas such as Later Life Lending and Ex-pat mortgages. This award is yet another achievement in a year of celebration for the Society, which is marking its 160th anniversary.